Read
- IRS official refuses to answer questions at scandal hearing
|
- Global stocks, oil fall after Bernanke; dollar gains
|
- Oklahoma tornado victims astounded at how they survived
|
- CORRECTED-White House threatens veto of bill to bypass Obama on Keystone
- FBI says man shot dead while being questioned about Boston bombings
Sponsored Links
Facebook's Sandberg sells another $3.75 million in stock
SAN FRANCISCO |
SAN FRANCISCO (Reuters) - Facebook Inc (FB.O) Chief Operating Officer Sheryl Sandberg sold $3.75 million worth of stock in the company on Tuesday, her second stock sale since trading restrictions on insiders expired last week.
Sandberg sold roughly 176,000 Facebook shares for an average price of $21.24 on Tuesday, according to a regulatory filing on Thursday. Sandberg still owns nearly 19 million vested shares of Facebook, the world's No.1 Internet social network, according to the filing.
Last week, Sandberg sold roughly $7.4 million worth of Facebook stock. Facebook General Counsel Theodore Ullyot and Chief Accounting Officer David Spillane also sold millions of dollars worth of shares last week. All the Facebook executives' sales were part of pre-arranged stock trading plans.
(Reporting By Alexei Oreskovic; Editing by Bernard Orr)
- Tweet this
- Link this
- Share this
- Digg this
- Reprints


Follow Reuters